Survey finds majority of universities fail to provide scam warnings for students

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By Charlie Scrase 

University students continue to be scammed by chancers, tricksters and con-artists.

Recently it has been found that students and even recent graduates have been found to have fallen foul of scams.

A recent survey carried out by Lloyds bank found that from 2,000 people in the 18-34 age bracket, 52 % of women and 69% of men have been scammed whilst they were in full time higher education.

However, within this survey, there is a statistic which is a cause for concern, when asked if their universities warned them about scams, only 18% of students said that their universities had warned them.

Students have lost significant amounts of money through being scammed, the survey by Lloyds bank found that the average amount of money lost/stolen was £420.

However, others lost amounts of up to £1,000.

These figures come at a time when many young people are venturing into university life, taking their first footsteps into managing their own finances.

Abbie Sayliss, a third-year business student at LSBU said that “universities should make more effort to inform students of the variety of scams and be better served to help students should they have any issues.”

Scams that have targeted students in recent years have been around for years and yet students are still falling victim to this.

Students starting university are in uncharted territory and guidance is always key.

With the statistic of just 18% of students being warned of scams from their respective university, universities have started to wise up and provide support.

However, a quick google search shows only 10 universities offering such advice on their webpages. 

Other services are available, and students should contact Action Fraud should they fall victim to a scam.

Improvement is coming, but you might ask at what cost?